Every mogul is allowed a little fun — Sergey and Larry can refit a 767, as long as they promise to fly it to Africa on a charitable mission. But one startup is renting sports cars for its executives to celebrate a $5.3 million funding round.

Silicon Valley CEO Max Seybold sits in the passenger seat of a slate-blue 1972 Ferrari 365 GTC/4 and laughs as Edward Holl kicks the V-12 engine up to 4,000 rpms and blows past a Corolla at double the posted speed limit.

"Now we have success so why can t we enjoy it?" he shouts over the roar.

As tempting as it is to reply, "Because you're an asshole," isn't it refreshing to see someone just spending a bit of cash? Come on, is Jeff Bezos really doing everyone a favor by launching a spaceship? Is Google going to end hunger with a jet? These guys would be so relaxed after a spin in a Porsche.

Silicon Valley: Still No. 1 [Red Herring]

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